LNG import news
Essar seeks 12 cargoes for delivery next year
According to Reuters, India’s Essar Group is looking to purchase 12 LNG cargoes for delivery next year.
Reliance Industries seeking LNG cargo
India’s Reliance Industries has been seeking an LNG cargo for delivery in October.
KN signs LNG capacity agreement with Eesti Energia
AB Klaipedos Nafta has signed an agreement to allocate a portion of its LNG terminal capacity to Eesti Energia AS.
LNG spot prices not impacting PNG LNG contract arbitration
According to Oil Search, the current low LNG spot prices will have no impact on a long-term contract arbitration being held between Osaka Gas and the PNG LNG project.
Pipeline gas loses market share as LNG surges
Norway’s Equinor and Russia’s Gazprom have lost market share as a result of the LNG import surge that has occurred over the past 10 months.
Asia to lead the LNG regasification industry in capacity growth
Asia will reportedly lead the global LNG regasification industry in capacity growth from newbuild projects by 2023, says GlobalData.
Weak LNG spot prices have little impact on Asia, while boosting Europe
According to Reuters, low LNG spot prices are having little impact in Asian markets, while the European import market has seen a significant boost.
Shenzhen Gas to launch LNG terminal
China’s Shenzhen Gas is due to launch its first fully-owned LNG import terminal in southern China.
Japanese utility seeks LNG cargo for delivery this September
According to Reuters, Tohoku Electric Power – a Japanese electric utility – is seeking an LNG cargo for delivery in September.
‘LNG Market - Global Industry Analysis, Trends, Market Size, and Forecasts up to 2025’
The ‘LNG Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2025’ report has been added to ResearchAndMarkets.com’s offering.